Income Tax Assessment Act 1997

CHAPTER 2 - LIABILITY RULES OF GENERAL APPLICATION  

PART 2-15 - NON-ASSESSABLE INCOME  

Division 50 - Exempt entities  

Subdivision 50-A - Various exempt entities  

SECTION 50-15   Employees and employers  



Employees and employers
Item Exempt entity Special conditions
3.1 (a) employee association; or the association:
  (b) employer association (a) is registered or recognised under the Fair Work (Registered Organisations) Act 2009 or an *Australian law relating to the settlement of industrial disputes; and
      (b) is located in Australia, and incurs its expenditure and pursues its objectives principally in Australia; and
      (c) complies with all the substantive requirements in its governing rules; and
      (d) applies its income and assets solely for the purpose for which the association is established
.
3.2 trade union the trade union:
    (a) is located in Australia, and incurs its expenditure and pursues its objectives principally in Australia; and
    (b) complies with all the substantive requirements in its governing rules; and
    (c) applies its income and assets solely for the purpose for which the trade union is established


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.